Berita Arkib

On Wednesday, the buyers are checking into the CME Group’s farm markets. At the close, the Dec. corn futures finished 9¢ higher at $5.39. March futures closed 8¾¢ higher at $5.47. May corn futures closed 8¼¢ higher at $5.51. November soybean futures ended 17½¢ higher at $12.45.

HAMBURG, Oct 20 (Reuters) - The lowest price offered in the international tender from Egypt's state commodities purchasing agency GASC on Wednesday to buy at least 30,000 tonnes of soyoil was believed to be $1,468 a tonne c&f, traders said in initial assessments.

KUALA LUMPUR, Oct 21 (Reuters) - Malaysian palm oil futures rose to a record high of 5,208 ringgit a tonne on Thursday, lifted by a rally of global edible oils and further supported by signs of improving demand.

KUALA LUMPUR (Oct 18): The Malaysian Palm Oil Council (MPOC) expects demand for all types of oils and fats to resume, especially for palm oil, which is seen as the most competitively priced vegetable oil in the market.

KUALA LUMPUR: The support and acceptance of the Malaysian sustainable palm oil (MSPO) has enabled the palm oil industry in China to enhance its corporate image while fulfilling its corporate social responsibilities and realising China's National Green Policy,

THE impact of the additional 32,000 foreign workers in the palm oil industry will be felt sometime at the end of the first quarter next year (1Q22) that will result in better crop recovery, improved harvesting cycle and higher crude palm oil (CPO) yield.

BEBATU, Indonesia (Oct 19): Indonesia is planning to "hit the brakes" on the export of all raw commodities in an effort to attract investment in onshore resource processing and create jobs, President Joko Widodo said on Tuesday.

Consumers will have to pay Tk 7 more for per litre of edible oil as the commerce ministry has approved refiners' proposal to hike the price -- a development that is going to put further strain on people's wallets, especially those of the fixed- and low-income group.

KARACHI: The business community has called upon the government to withdraw all taxes and duties on edible oils to mitigate the surge in food inflation.

KUALA LUMPUR (Oct 18): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday on the back of solid gains in soybean oil on the Chicago Board of Trade (CBOT) and a weaker ringgit, said a dealer.

Cooking oil prices are set to become cheaper soon as the central government had asked the states to pass on the benefits of import duty cut “immediately" to consumers this festive season. Earlier, the Union government has scrapped the basic customs duty on crude varieties of palm, sunflower and soyabean oils. The duty charges on refined edible oils has also been cut to control the rising edible oil prices.

Nepal's edible oil exports to India may take a hit as reduced import duty by the southern neighbour may boost overseas buying by Indian traders themselves, insiders said.